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she will join us it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management like say, gas station sushi. cheap is good. and sushi, good. but cheap sushi, not so good. it's like that super-low rate on not enough car insurance. pretty sketchy. ♪ and then there are the good decisions. like esurance. their coverage counselor tool helps you choose the right coverage for you at a great price. [ stomach growls ] without feeling queasy. that's insurance for the modern world. esurance. now backed by allstate. click or call. >> sean: only thirty days until the fiscal cliff negotiations are at a stalemate. my next guest wrote the book about the road to the fiscal cliff where he details how the the president's failure to broker a grand bargain between him the gop in july of 2011 is directly responsible for the crisis we now face. joining us th
she will join us it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management like say, gas station sushi. cheap is good. and sushi, good. but cheap sushi, not so good. it's like that super-low rate on not enough car insurance. pretty sketchy. ♪ and then there...
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. >> well, a lot of people worry about the many years that japan has been in a slow growth environment, but they've kept interest rates very low in japan, but the problem is, government is too big. that's why japan has not been able to start growing again. and this is the path that the u.s. is certainly on if we don't change that dynamic. >> paul: kim, is there any recognition about this in washington or is it all -- i mean, do you hear any of this discussion or do they really believe, certainly, the white house and the treasury, that tax rates like this don't matter, at that ultimately-- >> no, they do to a degree. if you talk to the officials iran up, come on, so we're going to raise the rates, what is fascinating to put it in the bigger context of the debate about tax revenue, the economists have the static view, you've got x-amounts of capital gains income and you get 20% more tax revenue. >> you don't, because people decide to shelter it. ir transe year before, when the amount is less. and so, all of these numbers that the white house is counting on and sort of rubbing its hands t
. >> well, a lot of people worry about the many years that japan has been in a slow growth environment, but they've kept interest rates very low in japan, but the problem is, government is too big. that's why japan has not been able to start growing again. and this is the path that the u.s. is certainly on if we don't change that dynamic. >> paul: kim, is there any recognition about this in washington or is it all -- i mean, do you hear any of this discussion or do they really...
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's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. >> sean: in just a minute we will have some of the details that you don't know about this amazing picture. the woman who took it is going to explain it. >> last night we highlighted similarities between events leading up to the benghazi terrorist attack and the '98 a can bombing of the embassy in kenya. in both situations an decisional security requests were ignored by our state department. we are questioning what susan rice knew before and after both attacks. in the late 90s she was assistant secretary of state for african affairs. my next g
's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long...
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it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management >> sean: it is very clear that president obama thought he could bully republicans when it comes to tackling the fiscal cliff problem. as my next guest is about to explain the republicans have a secret bargaining chip. joining me texas congressman louie gohmert. the president just dumps all of this, it is not a realistic proposal sends tax cheat, bob woodward didn't like hearing it geithner up it is not a serious proposal. >> of course not. it was intended not to be a serious proposal. he and others -- this goes back to the debt ceiling debate a year and a half ago. back to the continuing resolution debates over and over. they think that if there's a shutdown they think that if we hit a debt ceiling they win a shutdown and they really are pushing. they've been
it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management >> sean: it is very clear that president obama thought he could bully republicans when it comes to tackling the fiscal cliff problem. as my next guest is about to explain the republicans have a...
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even canada is, less harsh society than ours and the same environment we are, speak the same language, these are choices and choices about how we run markets. the distribution of marketing, there is a lot you can do, it is choice about what you do after words as well, providing universal health coverage or provide decent support or an educational system that is well funded for everybody, not just people in the right neighborhoods. >> and the tax system is obviously important, not only for inequality opportunity, but also growth. so for instance if you have a tax system like ours where speculators are taxed at a different rate than if people who work for a living or from any into a bank account in the cayman islands rather than peak united states, you have extended the rules not only to give lower taxes, tax rates to those who avail themselves of these, but distorts the economy and you wind up with more speculation. the money isn't in the cayman islands because it grows better in the sunshine. lack of sunshine, is the reason people keep their money there. >> i had a conversation with s
even canada is, less harsh society than ours and the same environment we are, speak the same language, these are choices and choices about how we run markets. the distribution of marketing, there is a lot you can do, it is choice about what you do after words as well, providing universal health coverage or provide decent support or an educational system that is well funded for everybody, not just people in the right neighborhoods. >> and the tax system is obviously important, not only for...
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we got to clean environment no matter how we put it. left or right, everyone is afraid of dying of cancer and chemicals on the ground will kill you. that's why you seen the cancer. they talk about it during lunchtime about things things they've done 70%. it was because the people around the area were dying and getting sick much more so than any other area. it was very clear the solution kills people have a hundred thousand people in the united states die every year. it's inexcusable. i think our political leaders can do better. forget about arguing left or right. they should just solve the problem, end of story. [applause] >> have you talked to al gore about the sequel? [inaudible] >> were going to be taking questions from only. there will be stationary microphones in the aisles if students want to start thinking about questions. i guess continuing on the intersection of entertainment and public life, if in your career feature a straight line there and felt that was -- if he felt like the governorship was a logical progression from the
we got to clean environment no matter how we put it. left or right, everyone is afraid of dying of cancer and chemicals on the ground will kill you. that's why you seen the cancer. they talk about it during lunchtime about things things they've done 70%. it was because the people around the area were dying and getting sick much more so than any other area. it was very clear the solution kills people have a hundred thousand people in the united states die every year. it's inexcusable. i think...
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women have performed extremely well in all of those environments, so i think even within our own country there's plenty of evidence suggesting that women are very capable of handling these jobs. >> you know, the military's official policy towards service women goes back to 1994. that's when this rule was put in place. why do you think it hasn't been looked at? what more needs to be done? >> well, you know, for a number of years there we weren't really actively at war so people weren't really looking at it and while we were at war people were concerned about fighting the fight and getting the job done, but personally i'm a little surprised that since we have been at war for ten years people haven't looked more closely at this and haven't looked at the reality of that's going on on the ground in iraq and afghanistan and how they have been making more steps to move us away. i think we're head there had now, better late than never, i suppose, and need to see this happen here soon. >> getting ready for the segment, contacted the department of defence to get their comment on the lawsuit. they
women have performed extremely well in all of those environments, so i think even within our own country there's plenty of evidence suggesting that women are very capable of handling these jobs. >> you know, the military's official policy towards service women goes back to 1994. that's when this rule was put in place. why do you think it hasn't been looked at? what more needs to be done? >> well, you know, for a number of years there we weren't really actively at war so people...